Margarida Correia

Two in three plans offer a Roth savings feature, an option 401(k) participants should take advantage to reduce their tax liability.

The advisor defrauded some 60 victims by using their money to pay off earlier investors, fund his own speculative trading and pay his personal expenses, the SEC claims.

The bank recruited a former executive from Vanderbilt University’s investment office to assume a newly created post directing its third-party manager research efforts.

More retirement investors are including cryptocurrency in their portfolio because it helps them achieve diversification.

While many retirees have prepped well for whatever the economy and markets may bring, far too many others have not, an expert says.

The former Oppenheimer client was allowed to invest in a new fund started by Carter Worth, a well-respected technical analyst who the client believed “walked on water,” his lawyer claimed.

Retirees have median savings of $839,000, but many of them are unwilling to spend away their nest egg.

Clients are advised to keep track of their financial information and have a trusted person who knows where to locate it.

As baby boomers exit the workforce, they perpetuate a problem that has long dogged Social Security in that there aren’t enough workers to replace them.

One of the misconceptions is that payroll taxes should be raised and benefits should be cut considerably to save the program.